Nalanda, Bihar Property Guide
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Get Returns From Real Estate Without Buying Property: Understanding REIT Investment In India
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Is it possible to sell real estate without co-owner approval?
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What do you mean by FERA?
FERA, enacted in 1973, regulated foreign exchange dealings in India. Replaced by FEMA in 2000, which focuses on managing foreign exchange while promoting trade and investments. Key differences include property acquisition criteria, shifting from citizenship under FERA to residency under FEMA. -
The finest cement for plastering a home
Cement plastering is crucial for durable walls and a smooth finish in construction. Portland Pozzolana Cement (PPC) is often preferred for its water resistance and superior finish compared to Ordinary Portland Cement (OPC). Various cement grades cater to different construction needs, with Grade 33 commonly used for plastering.
Nalanda, Bihar Real Estate News
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What occurs in India if property taxes are not paid for ten years?
Non-payment of property taxes for ten years can lead to severe penalties, legal action, and even foreclosure in India. It's crucial for property owners to understand the implications and address any arrears immediately. -
Enhancing Jaipur’s High-End Properties: The Unique Perspective of Akshat Developers
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CBRE decodes real estate through the spiritual tourism lens
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According to the CREDAI-CRE Matrix report, India’s demand for Grade-A office space will exceed 70 million square feet by 2024.
In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth. -
India’s Commercial Real Estate Is On Track For Successful Growth This Year
India's commercial real estate market is poised for growth, bolstered by demand for office spaces and increasing interest from NRIs, promising lucrative investment opportunities. -
DLF is one of the real estate companies on the list of the fifteen most valuable companies in India
DLF, Macrotech, and Godrej Properties are highlighted as top real estate firms in a recent Burgundy Private Hurun India report. The sector shows promising growth prospects. -
How can a registered mortgage help the borrower as well as the lender?
This article explains the process of registered mortgages in India, detailing application steps, benefits, and how to remove registrations effectively. -
Land Conversion from Agricultural Land to Residential Land
Converting agricultural land to residential or commercial in India requires navigating state-specific laws and obtaining approvals from revenue or planning authorities. The process involves fees and extensive documentation, with timelines varying by state.
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Real Estate Landscape in Nalanda
Various Property Options
In Nalanda, a range of real estate options caters to different buyers and renters:
- Residential Plots: They include numerous plots in different sizes, 1000-8000 Sq.ft., 1200-2400 Sq.ft., and 1250-2100 Sq.ft., found mainly in areas like Rajgir and Biharsharif.
- Flats and Apartments: Choose from 2 BHK, 3 BHK, and upscale to 5 BHK configurations, located in Biharsharif and Nalanda Heritage City.
- Houses/Villas: Single houses and villas also cater to various budgets and space preferences.
Favorite Areas
When looking at Nalanda for property, some of the top localities to check out are:
- Rajgir: This place is popular for residential plots. It has a historical significance and offers various plot sizes and prices.
- Biharsharif: Combines flats, apartments, and individual houses. It is centrally located and well-connected.
- Silao: Offers residential plots and diverse property choices, providing several options for potential buyers.
Price Range
Property prices in Nalanda show significant variation depending on the exact location, size, and property type:
- Residential Plots:
- Price ranges from ₹7 lac to ₹50 lac for plots of 1000-8000 Sq.ft. in Rajgir.
- Larger plots, including a 19-acre one in Rajgir, can fetch up to ₹30.40 Cr.
- Flats and Apartments:
- Apartments price can range from ₹35 lac for a 4 BHK unit to significantly higher for bigger or more lavish units.
Features and Infrastructure
- Connectivity: Properties in places like Biharsharif and Rajgir frequently enjoy good road connectivity, sometimes with easy access to national highways and railway stations.
- Educational Institutions: Some properties are located near educational establishments like Chandi Engineering College, a benefit for families.
- Other Amenities: Areas such as Bishunpur village offer amenities like restaurants and proposed wide roads, making them appealing for investment.
Final Thoughts from PropertyWala
Nalanda presents a variety of real estate options, including plots, flats, and individual houses, for a range of budgets and preferences. The area’s historical importance, good connectivity, and proximity to educational institutions make it a desirable spot for both investors and those seeking to buy homes. When picking a property, it is essential to consider the location, size, and cost to fit your needs and financial goals perfectly.